Move your money, enact change

movemoney
Rae Zhuang/Staff

If you mail a dollar to UC Berkeley, Billing and Payment Services will deposit it in an account administered by the UC Office of the President, earmarked to the Berkeley campus. Because the UC Office of the President manages UC Berkeley’s many accounts in Bank of America, your tuition dollar Read More…

Walking a fine line

BAY AREA AFFAIRS: Moving money away from big banks may be commendable, but ideology should not be the sole motivating factor.

While America’s biggest financial institutions certainly played their part in the economic recession that persists today, it’s hard to exact meaningful punishments on them. Unethical behavior, after all, isn’t necessarily illegal behavior. Right on the heels of Berkeley City Council’s Jan. 31 decision to consider alternatives to banking with Wells Read More…

Two candidates file paperwork to run against Berkeley Mayor Tom Bates

Two candidates filed preliminary campaign paperwork this week to challenge 10-year incumbent Berkeley Mayor Tom Bates in this year’s November election. Local business owner Jacquelyn McCormick, a board member of the Claremont Elmwood Neighborhood Association, said she favors a community-oriented perspective in using city resources to address the local needs, Read More…

ASUC Senate to hold first spring meeting

At the ASUC Senate’s first spring semester meeting Wednesday, bills proposing changing senate terms from one year to two years and moving funds out of banking corporations will be introduced. An amendment to the ASUC Constitution proposed by Cooperative Movement Senator Elliot Goldstein would create two-year senate terms with 10 Read More…

The Bank of America on the corner of Telegraph Avenue and Durant Avenue and its attached ATM are both frequented by UC Berkeley students.

Process to transfer ASUC funds nears completion

The UC Berkeley student government’s ideologically driven plan to transfer its $3.5 million in funds to a new bank is nearing completion, ASUC officials said Wednesday. The effort, which involves transferring all of the ASUC’s funds in Bank of America to Union Bank, is expected to be completed in October Read More…

ASUC Senate votes to investigate moving funds out of Bank of America

The ASUC Senate unanimously passed a bill Wednesday night to investigate moving ASUC funds from Bank of America to smaller local institutions in order to support what the bill calls “ethical banking.” Joining recent proposals by the city of Berkeley and local community colleges, the bill creates a temporary committee Read More…

Occupy Berkeley announced this week that it will attempt to shut down the Chase Bank in Downtown Berkeley this Saturday.

Occupy Berkeley plans to shut down Chase Bank Saturday

Occupy Berkeley announced this week that it will attempt to shut down the downtown branch of Chase Bank on Saturday by staging a peaceful demonstration in front of the building. Starting at 10 a.m., the group plans to block the bank’s door and ATMs as well as bar patrons from entering the Read More…